Post by
retiredcf on Jan 12, 2024 10:15am
BNN Extract
All aglow: The world’s largest uranium producer, Kazatomprom, announcing it will be cutting its 2024 production due to chemical shortages and construction delays. This news is sending shares of rival Cameco higher this morning as uranium prices surged. Uranium stocks are likely to radiate on the TSX this morning and continue their already white-hot momentum. Cameco is poised to start the day at a record high.